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Decoene Classic Restoration

Active
Private limited companyfounded 2021active for 5 yearsJagersborgweg 17, 3680 Maaseik, BelgiumKBO/BCE: BE 0774.642.889

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Decoene Classic Restoration has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,097 and a net result of €18,705. Equity has been growing by about 14% per year since 2022. Its solvency ranks better than 53% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 27-09-2021 Normal situation
Legal form
Private limited company
Registered office
Jagersborgweg 17, 3680 Maaseik
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 1 other
Establishment unit
2.322.291.351 3680 Maaseik, since 27-09-2021
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
  • Decoene KristofDirector · since 24-09-2021
  • Willems SabinaDirector · since 24-09-2021

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€116,611
▲ 2.4%
Turnover
≈ €350,000
estimated
Profit
€18,705
▲ 1.7%
Equity
€113,097
▼ 14.0%
Total assets
€279,089
▼ 8.7%
Staff
1 FTE
=
2025 accounts filed 58 days before the deadline
Filed on 03-06-2026PDF
Score breakdownraises riskFounded in 20211 of the last 3 accounts lateSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskLiquidity: current ratio 1.42, cash €48,374Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 44% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 66-2
equity 40.5% of total assets
Liquidity 51-7
short-term debt 43.8% · cash 17.3%
Profitability 77+1
return on assets 6.7%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,130 companies, NACE 95, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025highest value 06-2025: 0.9%▼ -0.2 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025lowest value 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▼ -0.1 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.1%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.61 in 2024), below the usual 1.5. Short-term debt is 43.8% and cash 17.3% of total assets. 59.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 51% of them on solvency, 49% on liquidity, 57% on profitability and 19% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.42, cash €48,374
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
58 days early
2024
21 days early
2023
31 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 4 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Decoene Classic Restoration

What is the company number of Decoene Classic Restoration?
The company number of Decoene Classic Restoration is 0774.642.889. The VAT number is the same number with BE in front: BE 0774.642.889.
Where is Decoene Classic Restoration based?
The registered office is at Jagersborgweg 17, 3680 Maaseik.Company details
What does Decoene Classic Restoration do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of Decoene Classic Restoration?
The legal form of Decoene Classic Restoration is Private limited company (BV).
When was Decoene Classic Restoration founded?
Decoene Classic Restoration was founded on 27-09-2021.
Is Decoene Classic Restoration still active?
Yes, Decoene Classic Restoration is an active enterprise in the KBO register.
How many employees does Decoene Classic Restoration have?
Decoene Classic Restoration had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Decoene Classic Restoration?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €116,611 and 44 comparable companies (NACE 953). It probably lies between €280,000 and €470,000.
Is Decoene Classic Restoration profitable?
In financial year 2025, Decoene Classic Restoration made a profit of €18,705.
Where can I find the annual accounts of Decoene Classic Restoration?
Decoene Classic Restoration filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Decoene Classic Restoration due?
Decoene Classic Restoration must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Decoene Classic Restoration: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €247,000 and €317,000, founded in 2021.

CompanyTotal assetsGross margin
Decoene Classic Restoration Maaseik€279,089€116,611
Garage GT Hulshout€287,758€122,037
Mc Creations Kortemark€314,077€111,655
CARROSSERIE A.BUCSAN Roeselare€315,587€113,808
Garage Franck Turnhout€268,385€145,021
AVL CONCEPT Amay€246,798€142,322
GARAGE ADAMS MINDERHOUT Hoogstraten€316,694€146,311
Full comparison

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